Get App
POST-MARKET REPORT
India’s benchmark indices, Sensex and Nifty, surged 1.8% due to strong gains in capital goods, banking, energy, and auto stocks. Market sentiment remained upbeat ahead of the Reserve Bank of India’s bi-monthly policy announcement scheduled for Friday.
At close, the Sensex climbed 1.81% (1,397.07 points) to 78,583.81, while the Nifty advanced 1.6% (378.20 points) to 23,739.25.
Several sectoral indices ended with robust gains. The Nifty Bank index jumped 2 percent, while the Financial Services, the PSU Bank, and Private Bank indices jumped over 2 percent each.
The Nifty Oil and Gas index jumped nearly 3 percent, while Metal, Pharma and IT indices rose over a percent each.
The BSE Midcap index closed 1.35 percent up and the BSE Smallcap index settled 1.20 percent higher.
STOCKS TODAY
FMCG Sector: Shares in the FMCG sector continued their downward trend for the second day on February 4, reversing the initial boost following the Union Budget 2025-2026. The sector’s performance remained weak despite a broader market rally, with the Nifty FMCG index among the few sectoral indices in the red. United Breweries fell by 2.91 percent while Godrej Consumer Products saw a decline of nearly 2 percent. ITC Hotels fell over by 0.011 percent and Colgate fell o.38 percent.
Godrej Properties: Based in Mumbai, Godrej Properties reported a 163 percent increase in consolidated net profit, rising to Rs 163 crore for the quarter ending December 31, 2024, up from Rs 62 crore in the previous year.
Larsen & Toubro: Shares of Larsen & Toubro jumped nearly 5 percent on February 4 after the company announced plans to set up a pellet and direct reduction of iron (DRI) plant in the Middle East & North Africa (MENA) region.
Thomas Cook: Shares of Thomas Cook dropped over 12 percent on February 4, following the announcement of its Q3 FY25 earnings, which showed a nearly 40 percent decline in net profit for the quarter.
Tata Chemicals: Shares of Tata Chemicals fell nearly 4% on February 4 after the company reported a net loss of Rs 21 crore for the third quarter ending December 2024.
Consumer Durables Secor: The Consumer Durables sector also saw significant losses, with the Nifty Consumer Durables index underperforming despite the overall market rise. Bata India shares had fallen as much as 4.11 percent, Blue Star was down by 2.73 percent, and Crompton declined by 2.67 percent.